Whitecap Resources Inc T.WCP

Alternate Symbol(s): SPGYF

Energy Oil & Gas E&P

Whitecap Resources Inc. is an oil-weighted growth company. The Company is engaged in the business of acquiring, developing and holding interests in petroleum and natural gas properties and assets. Its core areas include the West Division and East Division. Its West Division is comprised of three regions: Smoky, Kaybob and Peace River Arch (PRA). The properties in its Smoky region include Kakwa and Resthaven, all located in Northwest Alberta. The primary reservoir being developed is the Montney resource play, mainly comprised of condensate-rich natural gas. Kaybob is located in the Fox Creek region of Northwest Alberta. The primary reservoir being developed is the Duvernay resource play, mainly comprised of condensate-rich natural gas. The PRA is its original asset area. Its East Division is comprised of four regions: Central AB, West Sask, East Sask and Weyburn. Its Central Alberta region represents the bulk of its Cardium and liquids-rich Mannville assets.

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Whitecap Resources Inc > Whitecaps buying

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Comment by 1970Craigon Nov 02, 2021 11:11am

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Post# 34077235

RE:RE:RE:RE:Whitecaps buying

I agree. Bold is good !!

Is it just me or do you notice they seem to be making a story out of Cushing levels being low , this is the delivery point for crude contracts.

I read a build for oil , draw downs on distillates ext...

So my hunch is Cushing could be the catalyst that puts us over 85 and on the way to 90. The way they are talking is Cushing is the delivery point for contracts and it's on pace to run out of oil ! I don't see that happening but markets really like supply and demand.

The price could get silly high over this. We will see.

API reports today , and EIA as well tomorrow

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